CBRE
JV Snags 232 KSF Dallas Office Building
Red River Asset Management sold Hidden Grove in Dallas to a joint venture between Reserve Capital Partners and Trinity Private Equity Group.
Banyan Grabs Miami Office Asset in $33M Deal
The new owner plans to invest in capital improvements and modernize the property through a series of upgrades to the building lobby, elevator and common areas.
CBRE Wins $200M Contract for NY Public Library Revamp
Architecture firms Mecanoo and Beyer Blinder Belle are behind the project design. Upgrades will make way for a five-story wall of book stacks, new meeting rooms, 17,000 square feet of reading and study space and more.
Columbus-Area MOB Changes Hands
David Hartsook, John Hall and Kevin Connor of CBRE’s Columbus office represented the seller, Bradenton Pediatric Building Co.
SL Green Sells $305M NYC Office Asset
The 36-story, 303,515-square-foot Class A office building at 600 Lexington Ave. was acquired by SL Green as part of a joint venture in 2010. The company then took full ownership of the property in December 2015.
Tech Office Users Branch Out
With companies vying for the diminishing pool of available office space in North America’s top tech neighborhoods, surrounding submarkets are primed to benefit from the overflow of demand, according to CBRE’s annual Tech-30 report.
CBRE Secures Tenants at Revamped Atlanta Office Asset
The 120,000-square-foot 30 Tech Park underwent a series of upgrades, including exterior refurbishments, the addition of creative office space and community outdoor spaces.
Tampa Office Campus Commands $45M
The property, nearing full occupancy, is leased to a mix of notable tenants, including WellCare, Gateway One Financial & Lending and MedHOK Health.
LPC Buys Land for 900 KSF Phoenix Spec Project
The company plans to develop the first fully speculative industrial property in Phoenix which has 40-foot high clear ceilings. The property will be situated within a 350-acre master-planned project that will feature office, industrial and medical office space.
Long Island Office Park Commands $61M
Hauppauge Office Park in Hauppauge, N.Y., comprises three buildings occupied by multiple financial tenants. The office campus is anchored by Allstate, which has a 10-year, full-building lease.